Equita Financial Network Inc. Sells 728 Shares of T. Rowe Price Blue Chip Growth ETF $TCHP

Equita Financial Network Inc. cut its position in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) by 10.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,093 shares of the company’s stock after selling 728 shares during the period. Equita Financial Network Inc.’s holdings in T. Rowe Price Blue Chip Growth ETF were worth $276,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cascade Investment Advisors Inc. increased its position in shares of T. Rowe Price Blue Chip Growth ETF by 7.3% in the 2nd quarter. Cascade Investment Advisors Inc. now owns 6,193 shares of the company’s stock valued at $281,000 after buying an additional 423 shares in the last quarter. Harbour Investments Inc. grew its stake in T. Rowe Price Blue Chip Growth ETF by 1.4% in the second quarter. Harbour Investments Inc. now owns 35,177 shares of the company’s stock valued at $1,595,000 after acquiring an additional 471 shares during the period. Bedel Financial Consulting Inc. increased its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 1.8% in the first quarter. Bedel Financial Consulting Inc. now owns 30,256 shares of the company’s stock worth $1,195,000 after acquiring an additional 537 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. raised its position in shares of T. Rowe Price Blue Chip Growth ETF by 3.0% during the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 20,362 shares of the company’s stock worth $923,000 after purchasing an additional 593 shares during the period. Finally, Atlantic Edge Private Wealth Management LLC bought a new position in shares of T. Rowe Price Blue Chip Growth ETF during the 1st quarter valued at about $25,000.

T. Rowe Price Blue Chip Growth ETF Stock Performance

Shares of TCHP opened at $50.53 on Tuesday. The stock has a 50 day simple moving average of $48.33 and a 200 day simple moving average of $44.92. T. Rowe Price Blue Chip Growth ETF has a 52-week low of $32.67 and a 52-week high of $50.54. The firm has a market capitalization of $1.66 billion, a PE ratio of 37.14 and a beta of 1.15.

About T. Rowe Price Blue Chip Growth ETF

The T. Rowe Price Blue Chip Growth ETF (TCHP) is an exchange-traded fund that is based on the Russell 1000 Growth index. The ETF currently has 291.89m in AUM and 78 holdings. TCHP is an actively-managed, non-transparent fund that focus on companies with potential for above-average growth TCHP was launched on Aug 4, 2020 and is managed by T.